Axial Flow Pump Market Size and Share

Axial Flow Pump Market (2025 - 2030)
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Axial Flow Pump Market Analysis by Mordor Intelligence

The Axial Flow Pump Market size is estimated at USD 4.54 billion in 2025, and is expected to reach USD 5.78 billion by 2030, at a CAGR of 4.95% during the forecast period (2025-2030).

This healthy trajectory reflects the pump’s unique ability to move very large water volumes against low heads, which keeps demand strong from municipal water utilities, irrigated agriculture, and flood-control agencies. Governments are channeling unprecedented capital into climate-resilient water infrastructure, and most of those projects specify large-bore axial units because alternative designs struggle to match the required flow rates. Ongoing retrofits also favor the axial flow pump market as utilities pursue energy-saving upgrades that pair variable-frequency drives with real-time monitoring. Competitive intensity is rising, but established manufacturers continue to leverage materials science and digital services to protect margins in a value-driven procurement environment.

Key Report Takeaways

  • By pump configuration, vertical units held 62.5% of the 2024 axial flow pump market share, while horizontal variants are forecast to post a 5.7% CAGR through 2030.
  • By material, cast iron captured 48.0% of the 2024 axial flow pump market size, whereas stainless steel is projected to grow at a 6.0% CAGR to 2030.
  • By application, water and wastewater treatment accounted for 41.8% of the revenue in 2024; power generation is expected to expand at a 6.3% CAGR through 2030.
  • By end-user, municipal buyers accounted for 55.1% of demand in 2024, while industrial facilities are projected to grow at a 5.9% CAGR through 2030.
  • By geography, Asia-Pacific led with 46.4% of global revenue in 2024 and is pacing for a 6.2% CAGR during the forecast period

Segment Analysis

By Type: Horizontal Variants Gain Urban Traction

Vertical units dominated the 2024 demand, accounting for 62.5% of the axial flow pump market share, thanks to their deep-sump installation advantage in irrigation lift schemes and municipal intake towers. The configuration eliminates long suction headers, cutting civil works costs on new greenfield plants. Yet horizontal layouts are scaling rapidly at a 5.7% CAGR, particularly in retrofits where operators can slide a compact skid into an existing basement without excavating new wells. In many Asia-Pacific megacities, land scarcity favors shallow horizontal stations that tuck beneath roadways or transit lines.

Horizontal packages are increasingly shipped with factory-mounted variable-frequency drives, which simplify commissioning and ensure DOE compliance. Service crews appreciate ground-level motor access, which reduces the need for confined-space permits and turnaround time. Conversely, vertical pumps still enjoy a reliability halo in flood-control projects because their column design tolerates debris better during storm surges. As manufacturers refine hybrid semi-axial hydraulics, buyers can match performance curves more precisely to duty points, ensuring both geometries will coexist across the axial flow pump market through 2030.

Axial Flow Pump Market: Market Share by Type
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By Material: Stainless Steel Rises on Corrosion Concerns

Price-competitive cast iron retained 48.0% of 2024 revenue, cementing its role in chlorinated but otherwise benign municipal water duties. Stainless steel, however, is advancing at a 6.0% CAGR on the strength of desalination, chemical, and ultra-pure water systems. Grade 316L is now the default for marine intakes because its molybdenum content resists chloride pitting, while duplex alloys are selected for high-stress hydrogen cooling loops. Bronze usage continues to shrink as alloy prices converge and procurement teams prioritize lifecycle economics over acquisition cost.

Advanced composites, such as glass-fiber-reinforced bowls, address both weight and corrosion simultaneously, but remain a small slice of the axial flow pump market because production cycles are long and field familiarity is limited. Material decisions are increasingly relying on total-cost-of-ownership models that factor in downtime, coating schedules, and energy efficiency. As hydrogen electrolyzer OEMs specify ultra-low-carbon stainless chemistries to prevent embrittlement, suppliers with metallurgical depth are positioned to command premium margins.

By Application: Power Generation Accelerates Growth

Water and wastewater treatment accounted for 41.8% of 2024 spending, yet turbine-condenser and hydrogen-cooling duties are driving the power segment at a 6.3% CAGR. Combined-cycle gas plants upgrading once-through cooling loops adopt large axial units paired with VFDs to modulate flow as ambient temperatures fluctuate. Grid-balancing pumped-storage projects double-count pumps as reversible turbines, giving the axial flow pump market a gateway into renewable capacity additions. Petrochemical operators still favor axial designs for low-head circulation in fractionation columns; however, energy-intensity targets are forcing investments in high-efficiency runners.

Agricultural irrigation maintains a sizable absolute volume, bolstered by subsidy-driven modernization in India and Vietnam. Flood-control budgets are climbing on every continent, though irregular project cycles complicate supplier forecasting. Mining retains a niche share for pit dewatering at shallow heads, where rugged construction takes precedence over peak efficiency. Across applications, buyers value life-cycle efficiency gains over headline purchase price, steering specifications toward premium designs that integrate digital diagnostics.

Axial Flow Pump Market: Market Share by Application
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By End-User: Industrial Automation Drives Efficiency

Municipal authorities accounted for 55.1% of the volume in 2024, reflecting their statutory obligations to secure potable water and manage sewage systems. Procurement protocols favor qualified vendor lists, granting incumbents visible pipelines but exposing them to budget cycles. Industrial customers, growing at a 5.9% CAGR, offer higher margin potential because they purchase integrated packages that embed drives, sensors, and analytics dashboards. Process engineers in the food & beverage and specialty chemicals industries value repeatability and downtime avoidance, which aligns with predictive maintenance service plans.

Commercial buildings form a smaller slice, yet high-rise developments in the Middle East request compact horizontal axial skids for fire-water and HVAC condenser loops. OEM system integrators are also important because they bundle pumps into turnkey water-treatment containers for off-grid deployment. Across all buyer types, energy-efficiency legislation and ESG reporting frameworks are pushing total-cost-of-ownership to the forefront of decision-making, a trend that favors suppliers with digital-enabled portfolios.

Geography Analysis

The Asia-Pacific region led the global axial flow pump market with 46.4% of the market share in 2024, and is forecasted to advance at a 6.2% CAGR to 2030, as China, India, and Southeast Asia invest heavily in irrigation canals, smart city drainage schemes, and green hydrogen clusters. Large hydropower retrofits in Japan and Korea also specify axial turbines because they fit existing dam bays without major civil modifications. While the regional supply chain delivers cost advantages, stainless steel casting capacity remains tight, elongating lead times for premium projects.

North America represents a mature yet resilient demand base, anchored by USD 1 trillion in forecasted water-utility spending over the next 20 years. The axial flow pump market benefits when cities like Seattle allocate multi-billion-dollar budgets to reservoir tunnels and treatment-plant upgrades. Retrofits targeting DOE efficiency compliance keep industrial order books full, and coastal flood-control installations continue to specify super-capacity axial units.

Europe emphasizes decarbonization and circular economy objectives, spurring the replacement of legacy units with ISO 14414-certified, high-efficiency designs. Germany’s industrial sector often realizes 30-50% electricity savings after pump swaps, proving the business case. EU Green Deal financing also supports the expansion of pumped-storage hydro facilities that utilize reversible axial turbines. Digital-twin adoption leads global trends, though cybersecurity mandates extend project timelines.

Emerging prospects in South America and the Middle East & Africa revolve around agriculture, desalination, and power-plant cooling. Brazil’s irrigation expansion and Gulf desalination megaprojects prefer corrosion-resistant stainless pumps, driving above-average unit values. African water-access projects funded by multilateral banks focus on rugged, low-maintenance designs that can operate on intermittent power, creating opportunities for solar-powered axial packages.

Axial Flow Pump Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The axial flow pump market remains moderately fragmented, although recent acquisitions suggest a gradual concentration trend. Veolia’s USD 1.75 billion purchase of the remaining 30% stake in Water Technologies & Solutions accelerates its vertical-integration strategy and adds scale to its North American installed base. Xylem continues to differentiate through smart-water platforms that couple pumps with predictive analytics, reporting double-digit service revenue growth in 2024. Sulzer invested USD 10 million to expand U.S. manufacturing capacity, underscoring the strategic value of localized production when public projects stipulate domestic content.

Materials innovation is a parallel battleground. KSB’s USD 25 million Virginia expansion brings additional stainless casting furnaces online to alleviate bowl bottlenecks. Flowserve, meanwhile, secured a marquee carbon-capture contract with ADNOC, demonstrating competence in emerging energy-transition segments that demand corrosion-resistant metallurgy and stringent cleanliness. Smaller specialists exploit niches such as fish-friendly runners or hydrogen-ready alloys, while broader portfolios from ITT Goulds and WILO emphasize packaged solutions that bundle drives and controls.

Service models are evolving from break-fix toward outcome-based contracts. OEMs now guarantee uptime percentages measured by cloud dashboards, deepening customer lock-in. Because public tenders increasingly weigh total-life cost over acquisition price, suppliers that demonstrate measurable kWh savings and lower chemical dosing gain scoring advantages. Cyber-secure connectivity, backed by ISO 27001 certification, is emerging as a new differentiator in digitally mature geographies.

Axial Flow Pump Industry Leaders

  1. Xylem Inc.

  2. Sulzer Ltd.

  3. KSB SE & Co. KGaA

  4. Grundfos Holding A/S

  5. Flowserve Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Axial Flow Pump Market
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Recent Industry Developments

  • February 2025: Veolia acquired CDPQ’s 30% stake in Water Technologies and Solutions for USD 1.75 billion, targeting EUR 90 million in additional cost synergies by 2027.
  • January 2025: Flowserve won a contract with ADNOC to supply flow-control technology for a flagship carbon capture project, underscoring the expanding environmental role of pumps.
  • January 2025: Frontier-Kemper Constructors secured a USD 1.1 billion award for New York City’s Kensico-Eastview tunnel, which will transport 2.6 billion gallons per day of water and require multiple axial pump stations.
  • January 2025: A global pump OEM announced a USD 85 million U.S. manufacturing expansion to meet rising domestic demand.

Table of Contents for Axial Flow Pump Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Escalating investments in water & wastewater infrastructure
    • 4.2.2 Expansion of agricultural irrigation in emerging economies
    • 4.2.3 Rising demand for energy-efficient pump retrofits
    • 4.2.4 Urban flood-control projects under climate-resilience programs
    • 4.2.5 Low-head small-hydro retrofits using axial turbines
    • 4.2.6 Cooling loops for modular green-hydrogen electrolyzers
  • 4.3 Market Restraints
    • 4.3.1 High lifecycle maintenance & corrosion costs
    • 4.3.2 Unsuitability for high-pressure offshore duties
    • 4.3.3 Limited global sand-casting capacity for large SS bowls
    • 4.3.4 Digital-twin interoperability gaps with legacy SCADA
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Type
    • 5.1.1 Horizontal axial flow pumps
    • 5.1.2 Vertical axial flow pumps
  • 5.2 By Material
    • 5.2.1 Cast Iron
    • 5.2.2 Stainless Steel
    • 5.2.3 Bronze
    • 5.2.4 Others
  • 5.3 By Application
    • 5.3.1 Water and Wastewater
    • 5.3.2 Agriculture and Irrigation
    • 5.3.3 Power Generation
    • 5.3.4 Chemical and Petrochemical
    • 5.3.5 Oil and Gas
    • 5.3.6 Others
  • 5.4 By End-user
    • 5.4.1 Municipal
    • 5.4.2 Industrial
    • 5.4.3 Commercial
    • 5.4.4 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 NORDIC Countries
    • 5.5.2.6 Russia
    • 5.5.2.7 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Egypt
    • 5.5.5.5 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves (M&A, Partnerships, PPAs)
  • 6.3 Market Share Analysis (Market Rank/Share for key companies)
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
    • 6.4.1 Xylem Inc.
    • 6.4.2 Sulzer Ltd.
    • 6.4.3 KSB SE & Co. KGaA
    • 6.4.4 Grundfos Holding A/S
    • 6.4.5 Flowserve Corporation
    • 6.4.6 Ebara Corporation
    • 6.4.7 The Weir Group PLC
    • 6.4.8 WILO SE
    • 6.4.9 Ruhrpumpen Group
    • 6.4.10 ITT Goulds Pumps
    • 6.4.11 Tsurumi Manufacturing Co. Ltd.
    • 6.4.12 Pentair Plc
    • 6.4.13 Kirloskar Brothers Ltd.
    • 6.4.14 Shanghai Kaiquan Pump Group
    • 6.4.15 CRI Pumps Pvt Ltd.
    • 6.4.16 ANDRITZ AG
    • 6.4.17 Landustrie Sneek BV
    • 6.4.18 Patterson Pump Company
    • 6.4.19 Zhejiang Dayuan Pump Co.
    • 6.4.20 Vano Pump (Suzhou) Co.

7. Market Opportunities & Future Outlook

  • 7.1 Integration with smart pumping systems
  • 7.2 Rising demand in developing regions
  • 7.3 Advancements in low-head high-flow designs
  • 7.4 Retrofitting & replacement opportunities
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Global Axial Flow Pump Market Report Scope

By Type
Horizontal axial flow pumps
Vertical axial flow pumps
By Material
Cast Iron
Stainless Steel
Bronze
Others
By Application
Water and Wastewater
Agriculture and Irrigation
Power Generation
Chemical and Petrochemical
Oil and Gas
Others
By End-user
Municipal
Industrial
Commercial
Others
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
NORDIC Countries
Russia
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Egypt
Rest of Middle East and Africa
By Type Horizontal axial flow pumps
Vertical axial flow pumps
By Material Cast Iron
Stainless Steel
Bronze
Others
By Application Water and Wastewater
Agriculture and Irrigation
Power Generation
Chemical and Petrochemical
Oil and Gas
Others
By End-user Municipal
Industrial
Commercial
Others
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
NORDIC Countries
Russia
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
United Arab Emirates
South Africa
Egypt
Rest of Middle East and Africa
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Key Questions Answered in the Report

What CAGR is projected for the global axial flow pump market to 2030?

The market is expected to grow at 4.95% annually through 2030.

Which region currently leads demand for axial flow pumps?

Asia-Pacific accounts for the largest share, with 46.4% of global revenue in 2024.

Why are horizontal axial pumps gaining popularity in cities?

Their compact footprint fits existing basements, reducing excavation costs and easing maintenance access.

What material segment is growing fastest in axial pump manufacturing?

Stainless steel is expanding at a 6.0% CAGR due to its corrosion resistance in desalination and chemical duties.

How do utilities justify replacing older axial pumps?

Modern variable-speed units can cut energy use by 30-50%, yielding attractive payback periods and compliance with new efficiency standards.

Which emerging application offers new demand for axial flow designs?

Cooling loops for green-hydrogen electrolyzers require compact, corrosion-resistant axial pumps.

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